YEARLY HIGH
0.5089 BND
YEARLY LOW
0.4833 BND
YEARLY AVERAGE
0.4968 BND

2023 XCD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.5089. Conversely, the yearly low was recorded on February 2, dropping to 0.4833.

This high-to-low spread represents a total annual volatility of 0.0256 BND. From a start-to-finish perspective, comparing the January average rate of 0.4910 to the December average rate of 0.4930, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5089 was down 5.06% compared to the 2022 peak of 0.5360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 XCD based on timing:

Yearly Peak High 2,545 BND
2022 Average 2,551 BND
Yearly Trough Low 2,417 BND
Transaction Impact: A difference of 128.10 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5080
0.4895
JanuMarcMayJulySeptNove

XCD to BND Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.4942, compared to 0.4993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.4942
H2 Avg (Jul–Dec) 0.4993

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0159 BND (High: 0.4992 / Low: 0.4833). On the other end, October was the most stable month, with a tight range of 0.0056 BND (High: 0.5089 / Low: 0.5034).

February Spread (Volatile) ±0.0159
October Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0075 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5065) against the same month in 2022 (average: 0.5278), the exchange rate shifted by -0.0213 (-4.04%).

2023 Avg (October) 0.5065
2022 Avg (October) 0.5278

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4992 0.4856 0.4910
February 0.4992 0.4833 0.4928
March 0.5011 0.4900 0.4957
April 0.4948 0.4882 0.4922
May 0.5013 0.4901 0.4954
June 0.5025 0.4941 0.4979
July 0.5025 0.4874 0.4938
August 0.5027 0.4935 0.4997
September 0.5078 0.4996 0.5041
October 0.5089 0.5034 0.5065
November 0.5071 0.4928 0.4989
December 0.4973 0.4882 0.4930